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By Gurminder Mangat , 14 April 2025
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More Retail’s Bold IPO Gambit: Betting on Hybrid Retail in a Digital-First India

More Retail, one of India’s most expansive supermarket chains and backed by e-commerce giant Amazon, has revealed its intent to go public by 2026. Leveraging a powerful hybrid model that merges offline accessibility with online efficiency, the company is positioning itself as a formidable force in the evolving grocery and consumer goods sector. With 775 stores and ambitions to double that footprint in five years, More Retail is banking on the strength of neighborhood supermarkets acting as Amazon Fresh fulfillment hubs.

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